Land degradation is a global problem that requires both local and global policies and strategies to address it. The global community bears the largest share of land degradation while the local land users where biomes are located bears a smaller share of the cost. As expected, the cost of taking action against land degradation is lower than the cost of inaction even when one considers only the first 6 years of rehabilitation. Returns to investment in action against land degradation is at least twice the cost of inaction in the first six years. But when one takes into account the 30-year planning horizon, the returns are five dollars per dollar invested in action against land degradation. The opportunity cost of taking action accounts for the largest share of the cost and this contributes to inaction in in many countries. Furthermore, the prices of land (and shadow prices) are expected to increase as the world gets wealthier and more crowded moving from 7 to 9 billion in the coming generation. Any further degradation of land and soils will increase even more with the increase of the value of the degraded resources.
The Rice Myth Bohol Story Grade 7 Added By Users
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